1 [50 points] Star Inc. began operations on August 1, 2014. The transactions for the first month follow. a. A shareholder paid Star Inc. $75,000 cash for share capital in the business. b. A client rented equipment for $5,000 cash. c. Star Inc. will pay this month's water utilities bill of $200 received today, within 30 days. d. Office salaries for the month were paid today; $3,750. e. Star Inc. bought $2,250 of equipment, using $500 cash and $1,750 on account. f. Star Inc. performed consulting services for a customer and received $900. g. Star Inc. paid $150 for this month's electrical utilities bill received today. h. Star Inc. purchased new equipment by paying $4,750 cash. i. Furniture was rented by a customer for $800 cash. J. Star Inc. paid dividends of $1,700 to the shareholders. Fill out the following table, according to the transactions above. Select the headings for each column by clicking on the appropriate cell. Also indicate next to each change in equity (in the explanation column) whether it was caused by issuance of share capital (investment), a revenue, an expense or payment of dividends. Identify revenues and expenses by name. Calculate the total balance for each column (no + or - sign is required for totals). In addition to this, prepare an income statement, a statement of changes in equity and a balance sheet for the month ended August 31